Blueenergy

“Form 990, Part VI, Section A, Line 2 - Mathias Craig (Director, Treasurer) is the bother of Guillaume Craig (Senior Vice President)”

“Form 990, Part VI, Section B, Line 11b - The blueEnergy Form 990 is reviewed by the Executive Director, Board Chairman, Board Treasurer, and Board Secretary before filing. Upon filing, it is submitted to the full governing Board of Directors, which includes a designated Finance Committee. Discussion and formal approval are obtained at the subsequent Board meeting.”

“Form 990, Part VI, Section B, Line 12c - Persons covered: any director, principal officer, or member of a committee with governing Board delegated powers who has direct or indirect financial interest is an interested person. Level at which persons are covered under the policy:in connection with any actual or possible conflict of interest exceed $1,000 an Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Directors and members of committees with governing Board delegated powers considering the proposed transaction or arrangement. Level at which determinations of whether a conflict exists are made: After disclosure of the financial interest and material facts, and after any discussion with the Interested Person, s/he shall leave the governing Board or committee meeting while the determination of as conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. Level at which actual conflicts are reviewed: If the governing Board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing Board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Form 990, Part VI, Section B, Line 15 - A voting member of the governing Board who receives compensation directly or indirectly from the Organization for services is precluded from voting on matters pertaining to that member's compensation. The independent members of the Board consider the compensation issues including comparability data and appropriateness of compensation. The was last undertaken for Madeleine Bouton (Executive Director) in 2023. Officers who are not voting members of the governing Board who receive compensation directly or indirectly from the Organization for services have initial compensation packages and any subsequent compensation package alterations reviewed by the Chairman of the Board in consultation with the Executive Director for reviews of appropriateness and comparability to industry standards. The Board otherwise delegates internal salary determinations to the Executive Director.”

“Form 990, Part VI, Section C, Line 19 - blueEnergy makes its governing documents and financial statements available to the public via its website. blueEnergy's 990 filings are available on the Guidestar website: www.guidestar.org. blueEnergy makes its conflict of interest policy available upon request.”

“Form 990, Part IX, Line 11g - $221,274 personnel in the Nicaragua office paid in Nicaragua (no associated W-2s).”

“Form 990, Part XI, Line 9 - This small change is due to conversions and consolidations across accounting systems taking place off-line across currencies, and not otherwise accounted for.”